Expansion of Joint Management Fee Support for Residents of Busan Permanent Rental Housing ... Including Shared Electricity and Water Charges

Busan City Provides Annual Support of 58,000 KRW Each to 26,296 Households in 20 Permanent Rental Housing Complexes

Status of Permanent Rental Housing in Busan City.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan City (Acting Mayor Lee Byung-jin) will provide 58,000 KRW per household in management fees to residents of 20 permanent rental housing complexes this year. The supported management fees include communal management fees and heating costs.

Busan City has been implementing this project since 2012 under the "Busan City Permanent Rental Housing Residents' Quality of Life Improvement Support Ordinance."

Previously, only heating costs were supported annually, but starting this year, support has been expanded to include ▲ heating costs and ▲ communal management fees such as shared electricity and water charges.

This measure considers the trend of gradually reducing the number of permanent rental housing residents eligible for heating cost support due to the expansion of similar heating cost support programs such as the Ministry of Trade, Industry and Energy's Energy Voucher, the Ministry of Health and Welfare's Emergency Welfare Support Project (fuel costs), and Busan City's special support project for winter measures.

The support targets 26,296 households (those who completed move-in registration by February 2021) residing in 20 permanent rental housing complexes in Busan City. Those eligible for similar heating cost support programs (Energy Voucher, Emergency Welfare Support Project fuel costs, Winter Measures) are excluded to prevent duplicate benefits.

From this year, the support amount has also been increased from 50,000 KRW to 58,000 KRW. This will be paid once a year by deducting 58,000 KRW from the management fee notice starting from March's management fee billing for each household by Busan Urban Corporation and Korea Land and Housing Corporation.

Acting Mayor Lee Byung-jin of Busan said, "We will strive to alleviate the housing burden of permanent rental housing residents even a little during these difficult times," and added, "We will continue to promote various policies that can enhance the sense of improvement in housing welfare, such as installing and operating housing welfare centers and promoting housing upgrade support projects for non-residential residents."

Details on eligibility and support items can be obtained from the management office of each complex, and for other inquiries, contact the Housing Policy Division of Busan City.

This content was produced with the assistance of AI translation services.